Spotify Closes Above $400 for the First Time, Pushing Valuation Past $80 Billion
#image_title

Spotify Closes Above $400 for the First Time, Pushing Valuation Past $80 Billion


Share this post

Spotify’s stock price has been on a promising upswing, with analysts setting ambitious targets as shares edge near $400. The last time SPOT approached this mark was in early 2021, fueled by high-profile content deals, but concerns over profitability and market pressures pulled it down to the $70s in 2022. Under CEO Daniel Ek’s direction, Spotify shifted focus to profitability, cutting unnecessary expenditures. Analysts are optimistic, with targets ranging up to $490 from firms like Morgan Stanley and Deutsche Bank, driven by projected subscriber growth, podcasting, and ad revenue.


Share this post
Comments

Be the first to know

Join our community and get notified about upcoming stories

Subscribing...
You've been subscribed!
Something went wrong
Drake Rumored to Drop ‘ICEMAN’ This Friday as Speculation Swirls

Drake Rumored to Drop ‘ICEMAN’ This Friday as Speculation Swirls

For nearly two years, Drake has hinted at an album called ICEMAN. There have been teases, scattered references, and carefully framed social media posts, but still no release date. Each new rumor briefly resets the clock. A report circulating online this week suggested a March 6 arrival, yet without confirmation from Drake or his representatives, it carries little weight. Part of the intrigue lies in how deliberately he communicates. In a recent post, Drake shared a collage that included a shir


O A

Formula One 2026 season: Everything you need to know

Formula One 2026 season: Everything you need to know

The Formula One fires up its engines on the first weekend of March 2026, marking the start of a new era with plenty of stories to tell: fresh car designs, new power units, new teams, and the return of veteran drivers. Here’s your complete guide to what’s coming. After a scintillating end of the 2025 season, which saw Lando Norris, Oscar Piastri, and Max Verstappen all still have a chance to win the World Drivers' Championship in the final race in Abu Dhabi, the biggest motorsport spectacle on e


O A

Fatal Shooting Breaks Out During Marathon Burger Grand Opening In Long Beach

Fatal Shooting Breaks Out During Marathon Burger Grand Opening In Long Beach

Over the weekend, a fatal shooting took place amid the grand opening of a new Marathon Burger in Long Beach, CA. The franchise restaurant was founded by Nipsey Hussle’s brother, Blacc Sam, in honor of the late rapper.  KTLA reported that the fatal incident has left one person dead and two others injured. An investigation of the events is currently underway, say police officials. According to the outlet, the details of what exactly led up to the fatal shooting are still unclear. That said, a rep


O A

LA Renames Intersection In Rapper’s Memory ‘Nipsey Hussle Square’

LA Renames Intersection In Rapper’s Memory ‘Nipsey Hussle Square’

On Saturday (Feb. 27), the intersection of Crenshaw Boulevard and Slauson Avenue was renamed in Nipsey Hussle’s honor. Nip’s longtime partner, Lauren London, who was present at the emotional ceremony, says the rapper predicted it all.“When me and Nip first started dating, we would drive by over here and he would be like, ‘You know, Boogie, one day, they’re gonna name this whole section after me.’ And here we are today,” she said.  LA City Council President Marqueece Harris-Dawson, Councilwoman


O A